Energy News

Energy for blockchain products is one of the main topics of discussion for the development process of the cryptocurrency industry. As Bitcoin mining is very demanding in terms of energy usage and has become even harder to do over time, Bitcoin’s proof-of-work algorithm has been altered in other, less consuming algorithms for new cryptocurrencies. Bitcoin’s influence on the energy sector is hard to overestimate. Bitcoin energy consumption is currently taking more energy than most countries on the planet. This is not just the reason for the large profits in the energy industry but also a warning for the environment, as it is a threat to the climate with an amount of 20 megatons of CO2 emission per year. The reduction of the energy consumption for cryptocurrencies is also an important task as government environmental policies may become an obstacle for the blockchain industry.
Video
Cory Klippsten, the CEO of Swan Bitcoin, shares his views on how "the competition for liquidity" between Bitcoin and Ethereum will play out after the latter's s...
Is post-Merge Ethereum PoS a threat to Bitcoin's dominance?
Marco Castrovilli
2022-09-25T17:05:00+01:00
7477
Event Recap
Blockchain Expo Europe 2022 in Amsterdam highlights meaningful strides in enterprise-grade blockchain solutions driven by mainstream institutions.
Blockchain tech driving institutional-grade solutions: Blockchain Expo Europe
Gareth Jenkinson
2022-09-21T09:09:46+01:00
1221
News
Michael Saylor claims Bitcoin mining could become a clean, profitable and modern industry that generates hard currency for remote locations in the developing wo...
Michael Saylor slams 'misinformation' about Bitcoin’s energy use
Stephen Katte
2022-09-15T06:59:59+01:00
5448
News
While innovations in chipset manufacturing have helped reduce operational costs related to Bitcoin mining, a report from Arcane reveals the market’s potential t...
Repurposing Bitcoin mining heat can solve global energy crisis: Arcane
Arijit Sarkar
2022-09-04T07:03:08+01:00
7179
News
Eurozone inflation is up from 8.9% in July as the continent faces skyrocketing energy, gas and food prices due to the ongoing crisis in Ukraine.
Eurozone hits record inflation of 9.1% amid gas and energy crisis
Savannah Fortis
2022-08-31T14:29:17+01:00
2245
News
The bill was approved by the nation’s Senate in July as low-energy costs continue to boost mining activities in the country.
President of Paraguay vetoes crypto regulation law
Ana Paula Pereira
2022-08-31T10:26:42+01:00
4459
Interview
This bear market is proving to be especially tough for Bitcoin miners, but Canaan senior vice president Edward Lu says the industry is “evolving toward a positi...
Canaan exec says opportunity outweighs crisis as Bitcoin miners struggle with shrinking profits
Ray Salmond
2022-08-22T20:40:00+01:00
3708
Video
As the global economy moves into a recession in the second half of 2002, Bitcoin will likely rally alongside gold and treasury bonds, according to Mike McGlone,...
Bitcoin likely to transition to a risk-off asset in H2 2022, says Bloomberg analyst
Marco Castrovilli
2022-08-08T18:00:00+01:00
19964

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